Lindy:
>>>Rambus Shares Fall On Intel Chip Decision
This is why Frank and I were "scardy-cats!
Get out, guys. You have a long term slide coming.<<<
First, apart from the fact scardy is misspelled (scaredy?), you and Unc are highly respected and I cannot see you guys as scared of anything. Besides, both you guys were in the non-Gorilla, AOL, and did well despite the internet craziness.
Second, like Q, Rambus should be a long-term investment; its daily volatility is irrelevant to the buy and hold investor. I have already explained many times, including this AM, why Rambus looks good to me for the long haul. I have previously explained that I do not see it as a gorilla, just a gorilla candidate.
For the investors who follow Rambus closely, the Rambus story has not changed in any way in the past week, except that it is stronger, and its release is one week sooner, and we now KNOW that Dell is going to buy as many DRDRAM chips as it can get.
Insofar as getting out now, that might be good advice for the DayTrader, or it might be bad since this could be the bottom.....personally, I have no idea, but I'm not getting out since I cannot predict bottoms, and since I am buy and hold. I'll get out when the stock hits $1000/sh. or when the story changes in a substantive way.
Best to you,
Stan |
